The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BERKSHIRE HATHAWAY INC DEL CL A 084670108 4,746 21 SH   SOLE   21 0 0
CATCHMARK TIMBER TR INC CL A 14912Y202 163 14,429 SH   SOLE   14,429 0 0
CROWN MEDIA HLDGS INC CL A 228411104 1,142 322,462 SH   SOLE   322,462 0 0
EVINE LIVE INC CL A 300487105 20,392 3,094,365 SH   SOLE   3,094,365 0 0
HF2 FINL MGMT INC CL A 40421A104 939 90,224 SH   SOLE   90,224 0 0
MAXLINEAR INC CL A 57776J100 940 126,921 SH   SOLE   126,921 0 0
SCHNITZER STL INDS CL A 806882106 3,387 150,126 SH   SOLE   150,126 0 0
SKILLED HEALTHCARE GROUP INC CL A 83066R107 11,601 1,353,650 SH   SOLE   1,353,650 0 0
TELECOMMUNICATION SYS INC CL A 87929J103 10,421 3,340,059 SH   SOLE   3,340,059 0 0
OPPENHEIMER HLDGS INC CL A NON VTG 683797104 447 19,245 SH   SOLE   19,245 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,746 11,630 SH   SOLE   11,630 0 0
A MARK PRECIOUS METALS INC COM 00181T107 1,244 124,759 SH   SOLE   124,759 0 0
ACORN ENERGY INC COM 004848107 997 1,292,607 SH   SOLE   1,292,607 0 0
ALTEVA COM 02153V102 1,321 187,361 SH   SOLE   187,361 0 0
AVID TECHNOLOGY INC COM 05367P100 2,569 180,814 SH   SOLE   180,814 0 0
BIOTELEMETRY INC COM 090672106 14,591 1,454,782 SH   SOLE   1,454,782 0 0
BLACKBERRY LTD COM 09228F103 10,959 998,106 SH   SOLE   998,106 0 0
BSB BANCORP INC MD COM 05573H108 294 15,775 SH   SOLE   15,775 0 0
BUILD A BEAR WORKSHOP COM 120076104 11,255 559,966 SH   SOLE   559,966 0 0
CALLON PETE CO DEL COM 13123X102 9,598 1,761,048 SH   SOLE   1,761,048 0 0
CARBONITE INC COM 141337105 155 10,871 SH   SOLE   10,871 0 0
CAVCO INDS INC DEL COM 149568107 10,790 136,122 SH   SOLE   136,122 0 0
CB FINL SVCS INC COM 12479G101 213 10,726 SH   SOLE   10,726 0 0
DIGIRAD CORP COM 253827109 4,046 928,040 SH   SOLE   928,040 0 0
EAGLE BANCORP MONT INC COM 26942G100 308 28,102 SH   SOLE   28,102 0 0
ENVIVIO INC COM 29413T106 2,506 1,870,097 SH   SOLE   1,870,097 0 0
ESSA BANCORP INC COM 29667D104 319 26,546 SH   SOLE   26,546 0 0
GLOBAL EAGLE ENTMT INC COM 37951D102 9,334 685,791 SH   SOLE   685,791 0 0
GRAHAM HLDGS CO COM 384637104 739 856 SH   SOLE   856 0 0
GRAND CANYON ED INC COM 38526M106 4,238 90,818 SH   SOLE   90,818 0 0
GTT COMMUNICATIONS INC COM 362393100 33,745 2,550,621 SH   SOLE   2,550,621 0 0
HC2 HLDGS INC COM 404139107 1,331 157,936 SH   SOLE   157,936 0 0
HOOPER HOLMES INC COM 439104100 5,553 10,783,314 SH   SOLE   10,783,314 0 0
HUDSON GLOBAL INC COM 443787106 4,612 1,490,242 SH   SOLE   1,490,242 0 0
INTRALINKS HLDGS INC COM 46118H104 22,017 1,850,200 SH   SOLE   1,850,200 0 0
JACKSONVILLE BANCORP INC MD COM 46924R106 338 14,709 SH   SOLE   14,709 0 0
LEMAITRE VASCULAR INC COM 525558201 6,958 909,539 SH   SOLE   909,539 0 0
NETWORK 1 TECHNOLOGIES INC COM 64121N109 556 252,763 SH   SOLE   252,763 0 0
NEW YORK & CO INC COM 649295102 577 218,506 SH   SOLE   218,506 0 0
NORTH AMERN ENERGY PARTNERS COM 656844107 7,764 2,472,698 SH   SOLE   2,472,698 0 0
ONEIDA FINL CORP MD COM 682479100 295 22,724 SH   SOLE   22,724 0 0
PLUM CREEK TIMBER CO INC COM 729251108 166 3,874 SH   SOLE   3,874 0 0
PMFG INC COM 69345P103 6,720 1,284,900 SH   SOLE   1,284,900 0 0
POTLATCH CORP NEW COM 737630103 157 3,750 SH   SOLE   3,750 0 0
RAYONIER INC COM 754907103 194 6,950 SH   SOLE   6,950 0 0
REGIONAL MGMT CORP COM 75902K106 2,547 161,070 SH   SOLE   161,070 0 0
REIS INC COM 75936P105 5,800 221,633 SH   SOLE   221,633 0 0
RESOLUTE ENERGY CORP COM 76116A108 2,872 2,176,073 SH   SOLE   2,176,073 0 0
RIGHTSIDE GROUP LTD COM 76658B100 4,124 613,668 SH   SOLE   613,668 0 0
SANDRIDGE ENERGY INC COM 80007P307 2,751 1,511,550 SH   SOLE   1,511,550 0 0
SERVICESOURCE INTL LLC COM 81763U100 5,557 1,187,320 SH   SOLE   1,187,320 0 0
SPARK NETWORKS INC COM 84651P100 2,099 584,734 SH   SOLE   584,734 0 0
THESTREET INC COM 88368Q103 7,333 3,081,118 SH   SOLE   3,081,118 0 0
TWO HBRS INVT CORP COM 90187B101 261 26,000 SH   SOLE   26,000 0 0
URANERZ ENERGY CORP COM 91688T104 4,039 3,606,059 SH   SOLE   3,606,059 0 0
W P CAREY INC COM 92936U109 1,073 15,300 SH   SOLE   15,300 0 0
WESTFIELD FINANCIAL INC NEW COM 96008P104 314 42,790 SH   SOLE   42,790 0 0
WEYERHAEUSER CO COM 962166104 173 4,816 SH   SOLE   4,816 0 0
CUI GLOBAL INC COM NEW 126576206 254 34,097 SH   SOLE   34,097 0 0
POINTS INTL LTD COM NEW 730843208 7,706 602,494 SH   SOLE   602,494 0 0
PROCERA NETWORKS INC COM NEW 74269U203 2,243 311,947 SH   SOLE   311,947 0 0
PULSE ELECTRONICS CORP COM NEW 74586W205 514 476,318 SH   SOLE   476,318 0 0
SELECTICA INC COM NEW 816288203 1,844 355,920 SH   SOLE   355,920 0 0
UNITED ONLINE INC COM NEW 911268209 7,292 501,192 SH   SOLE   501,192 0 0
VITESSE SEMICONDUCTOR CORP COM NEW 928497304 5,420 1,433,906 SH   SOLE   1,433,906 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 556 17,929 SH   SOLE   17,929 0 0
KOFAX LTD COM USD G5307C105 1,802 256,391 SH   SOLE   256,391 0 0
POPE RES DEL LTD PARTNERSHIP DEPOSITRY RCPT 732857107 143 2,253 SH   SOLE   2,253 0 0
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 551 13,158 SH   SOLE   13,158 0 0
SERVICESOURCE INTL LLC NOTE 1.500% 8/0 81763UAB6 746 1,000,000 PRN   SOLE   1,000,000 0 0
ASCENT CAP GROUP INC NOTE 4.000% 7/1 043632AA6 494 600,000 PRN   SOLE   600,000 0 0
SHIP FINANCE INTERNATIONAL L SHS G81075106 113 8,000 SH   SOLE   8,000 0 0
GLOBAL SHIP LEASE INC NEW SHS A Y27183105 1,456 323,454 SH   SOLE   323,454 0 0